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Ethereum Network Experiences Rapid Growth In Daily Transactions Amid Rising ETH Prices

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As the market regains bullish momentum, the Ethereum price flipped toward the upside direction, drawing closer to the $2,200 level. Looking at recent on-chain data, this positive performance is starting to reflect on the ETH network, with transactions executed on chain spiking to significant levels. Daily Transaction Count On Ethereum Climbs Ethereum’s price action is […]
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Ethereum Sell Pressure Expands As Short-Term Holder Supply Flow Turns Negative

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Ethereum’s price and its short-term holders are currently and simultaneously exhibiting bearish activity. While the downward price trend has continued, the activity of short-term ETH holders has followed closely, as the group has simply transitioned into a selling mode. Negative Supply Flow For Ethereum Short-Term Holders As Ethereum’s price loses its upside momentum, on-chain data […]
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Ethereum Just Lost The Realized Price, But Here’s What Investors Are Up To

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With volatility intensifying in the broader cryptocurrency market, the price of Ethereum has fallen sharply, drawing dangerously close to the $2,000 level. While there are speculations that the ongoing trend is akin to a bear market phase, investors seem to be unshaken by the sharp pullback in ETH’s price, with accumulation not showing signs of […]
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Rising XRP Open Interest Clashes With Bearish On-Chain And Price Signals

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With the market flipping into a bearish state, XRP is experiencing conflicting signals in on-chain activity. While some metrics are showing bullish action, other key metrics are starting to demonstrate negative trends, which brings the leading altcoin to a crucial moment that could play a key role in shaping its next price direction. Derivatives Activity […]